[ActiveMining] Official Shareholder Discussion Thread [Moderated]

[Ozymandias2]

I just want to centralize questions and unknowns so Ken can give us answers when he sees fit.

- How far into development is our own ASIC chip?
- Do we have an estimated time frame for refunding all customers to avoid any lawsuits?
- Time frame for getting dividends.
- Time frame for trading on CryptoTrade in the short term.
- Time frame for long term trading solution.

Don't forget the financial report which was promised by the end of March.

[kslaughter]

FAST-HASH ONE PROSPECTOR SPECIAL

$1,499 On the first unit ordered, Limit of 5 orders per customer.

24 Hour Special on our Fast-Hash One Prospector using this voucher code: Q3W984BM

Limited To The First 50 units Sold.

[drawingthesun]

FAST-HASH ONE PROSPECTOR SPECIAL

$1,499 On the first unit ordered, Limit of 5 orders per customer.

24 Hour Special on our Fast-Hash One Prospector using this voucher code: Q3W984BM

Limited To The First 50 units Sold.

People will be more willing to purchase from us once they see our 200TH - 1000TH hashrate.

ASICMINER flew off the shelf because they had 30% control when they first started selling hardware.

[Ozymandias2]

Might be time to update this page on the site:

http://virtualminingcorp.com/shop1/index.php?controller=best-sales

Aside from the fact that only the prospector is a real product right now, the prices are out of wack ($699 for 64gh/s and $299 for 128gh/s)

[Effayy]

Ken,

Some advice.  Familiarize yourself with Reddit.

Posting the $1499 special there would probably help get more visibity.

For sure a post on http://www.reddit.com/r/bitcoinmining would be appropriate.  You could also post in /r/bitcoinstocks, /r/bitcoin, /r/cryoptocurrency for starters.

The people who read this thread are those who already have vested interest in the company. This could help spread the word to potential new buyers.

[kslaughter]

Ken,

Some advice.  Familiarize yourself with Reddit.

Posting the $1499 special there would probably help get more visibity.

For sure a post on http://www.reddit.com/r/bitcoinmining would be appropriate.  You could also post in /r/bitcoinstocks, /r/bitcoin, /r/cryoptocurrency for starters.

The people who read this thread are those who already have vested interest in the company. This could help spread the word to potential new buyers.

Thanks

Edit:  Are there any reddit users here that can list this on http://www.reddit.com/r/BitMarket

[Ozymandias2]

Ken,

Some advice.  Familiarize yourself with Reddit.

Posting the $1499 special there would probably help get more visibity.

For sure a post on http://www.reddit.com/r/bitcoinmining would be appropriate.  You could also post in /r/bitcoinstocks, /r/bitcoin, /r/cryoptocurrency for starters.

The people who read this thread are those who already have vested interest in the company. This could help spread the word to potential new buyers.

Thanks

Edit:  Are there any reddit users here that can list this on http://www.reddit.com/r/BitMarket

That was fast, looks like someone already put it up.

[Mabsark]

That was fast, looks like someone already put it up.

And it was removed immediately because the title started with VMC.

[Ozymandias2]

That was fast, looks like someone already put it up.

And it was removed immediately because the title started with VMC.

LOL, efficient modding!

[MilkyWayMasta]

That was fast, looks like someone already put it up.

And it was removed immediately because the title started with VMC.

Your submission has been automatically removed because the title does not include one of the required tags. Your listing title must begin with either [WTS] [WTB] [META] or [SCAMMER] (all capitalized). Please check the sidebar for information about tagging your submission properly.

[Effayy]

That was fast, looks like someone already put it up.

And it was removed immediately because the title started with VMC.

LOL, efficient modding!

It was actually because it didn't start with [WTS], I think.

[RoadStress]

Thanks! I'm sure everyone here is excited for your review! Do you plan on overclocking and/or undervolting it as well to test the range of function?

Not currently, just an out of box normal review.

When do you expect the card? Being a shareholder you must have some delivery dates.

[kslaughter]

Thanks! I'm sure everyone here is excited for your review! Do you plan on overclocking and/or undervolting it as well to test the range of function?

Not currently, just an out of box normal review.

When do you expect the card? Being a shareholder you must have some delivery dates.

We are sending the card today Fedex Overnight 3PM delivery.

[bobsag3]

Thanks! I'm sure everyone here is excited for your review! Do you plan on overclocking and/or undervolting it as well to test the range of function?

Not currently, just an out of box normal review.

When do you expect the card? Being a shareholder you must have some delivery dates.

We are sending the card today Fedex Overnight 3PM delivery.

Didnt see an answer to my question, can we drop by Springfield to pickup locally instead of shipping?

[kslaughter]

Thanks! I'm sure everyone here is excited for your review! Do you plan on overclocking and/or undervolting it as well to test the range of function?

Not currently, just an out of box normal review.

When do you expect the card? Being a shareholder you must have some delivery dates.

We are sending the card today Fedex Overnight 3PM delivery.

Didnt see an answer to my question, can we drop by Springfield to pickup locally instead of shipping?

The stock is not in Springfield; however, we do now have a sale tax license, but we don't have a retail business license, so no
we can't sale any out the door. 

[Bargraphics]

Thanks! I'm sure everyone here is excited for your review! Do you plan on overclocking and/or undervolting it as well to test the range of function?

Not currently, just an out of box normal review.

When do you expect the card? Being a shareholder you must have some delivery dates.

We are sending the card today Fedex Overnight 3PM delivery.

Great, I believe Amazon will have the PSU and Kill-A-Watt to me by 8:00PM tomorrow.

[minerpart]

With the discount code for one card and using bitcoinx profitability calculator I work out that break-even would be around 2 months and after 5 months you would have doubled your money (BTC).

4BTC today for 8BTC in 5months? Sounds like a decent buy for an in stock miner.

Any info on shipping to the UK Ken? You doing international shipping on these cards?

[Ozymandias2]

With the discount code for one card and using bitcoinx profitability calculator I work out that break-even would be around 2 months and after 5 months you would have doubled your money (BTC).

4BTC today for 8BTC in 5months? Sounds like a decent buy for an in stock miner.

Any info on shipping to the UK Ken? You doing international shipping on these cards?

$3 per gh/s is on par with the antminers but with better power usage. The first 50 should go relatively fast

[minerpart]

With the discount code for one card and using bitcoinx profitability calculator I work out that break-even would be around 2 months and after 5 months you would have doubled your money (BTC).

4BTC today for 8BTC in 5months? Sounds like a decent buy for an in stock miner.

Not sure if I got that right, maybe double your money after 8 months. But that is with BTC staying at $450 for the next 8 months. The beautiful thing about getting into mining right now is that BTC is 95% likely to be on the way up from here. In 8 months we could be at $3k and so your 4BTC today ($1800) would be an 8BTC worth $24,000 instead of half that if you just hold the coins. $12k extra - it's a small gamble for a big reward.

[klondike_bar]

With the discount code for one card and using bitcoinx profitability calculator I work out that break-even would be around 2 months and after 5 months you would have doubled your money (BTC).

4BTC today for 8BTC in 5months? Sounds like a decent buy for an in stock miner.

Any info on shipping to the UK Ken? You doing international shipping on these cards?

where are you doing your calculations?  http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=5006860589&dcosts=1650&diff_mincrease=15&blpbtc=25&dhsmhs=512000&diff_mincreasedecrease=0.7&btcusd=480&dpowcon=500&btcusd_mincrease=0&pcost=0.15&calcweeks=25&dleadtime=0&action=calc

considering BTC=$480, plus the cost of PSU, shipping, a H80i cooling system, and a computer or RPi to control it, you have a total cost of about $1700-1800 or ~3.4BTC
A year of mining with fair difficulty jumps would only ever net you about 4.8-5.0 BTC, of which 1.5BTC (at current prices) is needed to cover power costs

still waiting to see ken demo more than 1.4TH of equipment though - wasn't 100TH supposed to deploy right about now?